DCHL – Getting ready to move higher

July-20-2009 – Buy DCHL with stop loss at 75 by Anil

DCHL is consistently rising since March. Red arrow depicts the support and now a resistance line for DCHL. A close above this line would put DCHL into an attractive entry setup. DCHL above 84 with a strict stop loss at 75, its previous low.

Observe volume is higher when it moves higher and correction is happening on lower volume.